The Wine Festival is an evening dedicated to the wines of the island of Korčula and the surrounding wine country — the wine side of the Marko Polo Festival.

Traditionally, winemakers present and compete with their wines before a professional panel of oenologists, and the best wine is awarded the festival's Grand Prix.

The Wine Festival is part of the festival's song-and-wine tradition running since 1996, when it was founded to mark the 700th anniversary of Marco Polo's return to Korčula.

Whenever the Wine Festival is held, the organiser announces a call for winemakers to enter their wines well in advance.